Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: puremage111 on July 21, 2017, 07:08:17 AM



Title: Is there a term when you long/short the coins?
Post by: puremage111 on July 21, 2017, 07:08:17 AM
When you trade coins to coins, we called it trading
When you long/short currency, we called it forex

When you long/short crypto>crypto OR crypto>currency, whats the terms of it?


Title: Re: Is there a term when you long/short the coins?
Post by: monsterer2 on July 21, 2017, 07:37:01 AM
When you trade coins to coins, we called it trading
When you long/short currency, we called it forex

When you long/short crypto>crypto OR crypto>currency, whats the terms of it?

When you trade one currency for another, that's a spot trade.

When you go long/short that's called a CFD, Contract For Difference.


Title: Re: Is there a term when you long/short the coins?
Post by: puremage111 on July 21, 2017, 08:50:02 AM
When you trade coins to coins, we called it trading
When you long/short currency, we called it forex

When you long/short crypto>crypto OR crypto>currency, whats the terms of it?

When you trade one currency for another, that's a spot trade.

When you go long/short that's called a CFD, Contract For Difference.


Thanks for the explanation! cause i was finding a term which i can refer to when i explain to my friend xd